Azerbaijan-based banks see 18% growth in cash funds

Baku. 28 December. REPORT.AZ/ The cash assets of Azerbaijan-based banks totaled AZN 1,363,800,000 as of December 31, 2018, which is up AZN 204.7 million or 17.66% from the previous month, AZN 210.8 million or 18.28% year-on-year, Report informs citing the Financial Markets Supervisory Authority (FIMSA).

In early 2018, the cash funds of the banks amounted to AZN 1,153,000,000.